CBI Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 15, 2022 at 07:58 pm
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CBI Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was KRW 0.00006 million compared to KRW 55.02 million a year ago. Net loss was KRW 2,546.59 million compared to KRW 1,534.89 million a year ago. Basic loss per share from continuing operations was KRW 10.5 compared to KRW 31.5 a year ago. Diluted loss per share from continuing operations was KRW 10.5. Basic loss per share was KRW 10.5 compared to KRW 31.5 a year ago.
CBI Co Ltd, formerly Cheongbo Industrial Co Ltd, is a Korea-based company principally engaged in the manufacture and sale of automotive parts. The Company manufactures and sells automotive engine parts and mission parts. The main products are bearing journal, valve tappet, hydraulic tensioner housing, fixture injector, lever, insert chamber, valve seat ring, among others. The Companyâs products are mainly used in diesel engines and transmissions.